iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Short Interest Update

iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 63,898 shares, an increase of 125.2% from the November 30th total of 28,373 shares. Approximately 1.2% of the company’s shares are sold short. Based on an average daily volume of 20,644 shares, the days-to-cover ratio is currently 3.1 days. Based on an average daily volume of 20,644 shares, the days-to-cover ratio is currently 3.1 days. Approximately 1.2% of the company’s shares are sold short.

Hedge Funds Weigh In On iShares Bloomberg Roll Select Commodity Strategy ETF

A number of large investors have recently made changes to their positions in CMDY. Envestnet Asset Management Inc. lifted its holdings in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 16.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 405,624 shares of the company’s stock worth $21,336,000 after buying an additional 55,861 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 8.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 382,671 shares of the company’s stock valued at $20,131,000 after acquiring an additional 29,583 shares during the period. TD Waterhouse Canada Inc. raised its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 8.1% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 289,540 shares of the company’s stock worth $15,313,000 after acquiring an additional 21,797 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 39.7% during the 3rd quarter. Bank of America Corp DE now owns 118,388 shares of the company’s stock worth $6,227,000 after purchasing an additional 33,630 shares during the last quarter. Finally, CW Advisors LLC purchased a new stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF during the 2nd quarter worth $5,468,000.

iShares Bloomberg Roll Select Commodity Strategy ETF Stock Performance

NYSEARCA:CMDY opened at $50.06 on Friday. The stock’s fifty day moving average is $53.39 and its 200 day moving average is $52.15. iShares Bloomberg Roll Select Commodity Strategy ETF has a fifty-two week low of $46.92 and a fifty-two week high of $56.24.

About iShares Bloomberg Roll Select Commodity Strategy ETF

The iShares Bloomberg Roll Select Broad Commodity ETF (CMDY) is an exchange-traded fund that is based on the Bloomberg Roll Select Commodity index. The fund tracks an index that holds futures contracts on a roll-cost optimized broad market commodity index. CMDY was launched on Apr 3, 2018 and is managed by Blackrock.